Cancer insurance – which insurance offers coverage in the event of cancer?

Cancer is one of the most common serious illnesses and can have far-reaching and long-term effects on work ability, livelihood and the wellbeing of loved ones. So-called cancer insurance often refers to insurance that assists financially at the time of diagnosis of the illness and afterwards. We offer several insurance products that provide coverage for cancer, including health insurance, life insurance, critical illness insurance and disability insurance. Together, they offer comprehensive coverage against the risks of cancer. This page contains information on the types of situations for which each insurance product is suitable and how you can prepare yourself for illness.

Why be prepared for cancer with insurance?

Cancer affects the majority of people in Finland during their lifetime in one way or another. That's why it's a good idea to be prepared for it. Cancer is one of the most common serious illnesses, and its effects are reflected in both health and livelihood.

In 2022, a total of 37,268 new cases of cancer were diagnosed in Finland. Breast cancer was the leading type of cancer in women and prostate cancer in men, with cancers of the large intestine and colon the second most common in both men and women. Cancers resulting in the highest number of deaths were lung and breast cancer in women and lung and prostate cancer in men. (Finnish Cancer Registry: Cancer in Finland 2022 – Statistical report on cancer in Finland)

A cancer diagnosis has the effect of altering one’s life situation temporarily or permanently. Cancer can affect work, livelihood and even the daily life of the whole family. A cancer diagnosis inevitably requires sick leave and time for recovery. An incurable cancer can lead to death quickly and suddenly, however.

A good place to begin preparing for cancer is getting your insurance cover in order. While we do not offer specific cancer insurance, our insurance products provide comprehensive coverage individually and in combination with one another.

Which cancer-related risks can be covered by insurance? 

Cancer involves different risks that should be considered when selecting insurance cover. Health insurance covers the treatment expenses of cancer. Disability insurance helps offset loss of income if the cancer impairs your work ability temporarily or permanently. Critical illness insurance pays out a lump-sum compensation after the cancer diagnosis. Life insurance provides financial security for your loved ones in the event of your death.

What is the best cancer insurance for you? Think about your current insurance cover and what kind of additional cover you would like to have for cancer. Our insurance products offer extensive coverage for other unpleasant surprises in addition to cancer. 

Incurable cancer can have long-term effects on your finances

Incurable cancer can mean life-long treatment, loss of work ability and additional expenses. Many types of cancer may be incurable, including breast cancer, lung cancer, bone cancer, brain cancer, lymphoma, sarcoma and renal cancer. If you are diagnosed with a serious illness, insurance can help with daily expenses, treatment and your family's situation.

How do I choose the best coverage against cancer?

When choosing the best coverage for cancer, think about what you want to protect. Often, insurance is selected to cover treatment costs, income and your and your loved ones' livelihoods and future. When comparing insurance products, be sure to look at the coverage, price and basis of compensation. You can have several insurance policies valid at the same time. Insurance policies do not exclude each other out, but together offer comprehensive coverage against cancer and other unpleasant surprises in life.

Cancer insurance is built from many different policies

Our selection of insurance products offers solutions depending on your situation. Start by assessing your circumstances and current insurance cover. After this, explore our insurance products and contact our experts if necessary for assistance in deciding on suitable insurance cover.

Critical Illness Insurance
Additional benefit -25%
Life insurance
Miehet vaeltamassa turvallisin mielin, kun terveysvakuutus on kunnossa.
Health insurance for an adult
Disability insurance policies

Life insurance, critical illness insurance and disability insurance are granted by OP Life Assurance Company Ltd, with OP cooperative banks and Pohjola Insurance acting as its agents. Health Insurance is granted by Pohjola Insurance Ltd.